Twitter, Inc. (NYSE:TWTR) Director Evan Clark Williams sold 546,200 shares of Twitter stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $18.15, for a total transaction of $9,913,530.00. Following the completion of the sale, the director now owns 2,658,594 shares of the company’s stock, valued at $48,253,481.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Evan Clark Williams also recently made the following trade(s):

  • On Thursday, August 24th, Evan Clark Williams sold 9,173 shares of Twitter stock. The shares were sold at an average price of $16.91, for a total transaction of $155,115.43.
  • On Friday, August 25th, Evan Clark Williams sold 127,427 shares of Twitter stock. The shares were sold at an average price of $16.67, for a total transaction of $2,124,208.09.
  • On Wednesday, August 9th, Evan Clark Williams sold 273,300 shares of Twitter stock. The shares were sold at an average price of $16.16, for a total transaction of $4,416,528.00.
  • On Thursday, July 13th, Evan Clark Williams sold 42,070 shares of Twitter stock. The shares were sold at an average price of $19.26, for a total transaction of $810,268.20.
  • On Friday, July 14th, Evan Clark Williams sold 853,700 shares of Twitter stock. The shares were sold at an average price of $19.38, for a total transaction of $16,544,706.00.
  • On Thursday, June 29th, Evan Clark Williams sold 452,500 shares of Twitter stock. The shares were sold at an average price of $17.82, for a total transaction of $8,063,550.00.

Twitter, Inc. (TWTR) traded up 0.14% during midday trading on Thursday, reaching $18.23. 9,304,102 shares of the company’s stock traded hands. Twitter, Inc. has a 52-week low of $14.12 and a 52-week high of $25.25. The firm’s market cap is $13.36 billion. The firm’s 50-day moving average is $16.65 and its 200 day moving average is $16.88.

Twitter (NYSE:TWTR) last issued its earnings results on Thursday, July 27th. The social networking company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.03. The business had revenue of $574.00 million during the quarter, compared to analysts’ expectations of $536.63 million. Twitter had a negative net margin of 18.25% and a negative return on equity of 2.91%. The business’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.13 earnings per share. Equities research analysts expect that Twitter, Inc. will post $0.33 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Insider Selling: Twitter, Inc. (TWTR) Director Sells 546,200 Shares of Stock” was posted by Daily Political and is owned by of Daily Political. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright & trademark legislation. The correct version of this report can be read at https://www.dailypolitical.com/2017/09/14/insider-selling-twitter-inc-twtr-director-sells-546200-shares-of-stock.html.

A number of equities research analysts have recently weighed in on TWTR shares. Vetr downgraded shares of Twitter from a “strong-buy” rating to a “buy” rating and set a $19.22 price target for the company. in a research report on Wednesday, June 21st. Zacks Investment Research upgraded shares of Twitter from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Tuesday, June 27th. BidaskClub upgraded shares of Twitter from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a $20.00 price objective on shares of Twitter in a research report on Sunday, July 30th. Finally, Pivotal Research boosted their price objective on shares of Twitter from $15.00 to $17.00 and gave the company a “hold” rating in a research report on Tuesday, July 11th. Seventeen analysts have rated the stock with a sell rating, twenty-five have issued a hold rating and five have given a buy rating to the stock. Twitter presently has an average rating of “Hold” and a consensus target price of $15.49.

A number of institutional investors have recently modified their holdings of TWTR. Clearbridge Investments LLC raised its holdings in Twitter by 17.8% in the first quarter. Clearbridge Investments LLC now owns 36,805,927 shares of the social networking company’s stock worth $550,249,000 after buying an additional 5,561,940 shares during the last quarter. Northern Trust Corp raised its holdings in Twitter by 78.3% in the second quarter. Northern Trust Corp now owns 8,350,037 shares of the social networking company’s stock worth $149,215,000 after buying an additional 3,667,233 shares during the last quarter. OppenheimerFunds Inc. raised its holdings in Twitter by 42.3% in the first quarter. OppenheimerFunds Inc. now owns 10,088,428 shares of the social networking company’s stock worth $150,822,000 after buying an additional 2,999,690 shares during the last quarter. Vanguard Group Inc. raised its holdings in Twitter by 6.2% in the second quarter. Vanguard Group Inc. now owns 48,836,225 shares of the social networking company’s stock worth $872,704,000 after buying an additional 2,838,459 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in Twitter in the second quarter worth about $43,694,000. 49.17% of the stock is owned by institutional investors and hedge funds.

Twitter Company Profile

Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.

Insider Buying and Selling by Quarter for Twitter (NYSE:TWTR)

Receive News & Ratings for Twitter Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twitter Inc. and related companies with MarketBeat.com's FREE daily email newsletter.